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20120928
20121006
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% seasonal factors. election factors. >> demographics. don't forget, we have the baby boomer age which is actually a true factor. >> are you forecasting 5.9? >> probably not. >> i bet you we get 7.9, don't you think? >> today? >> eventually, yeah, but not today. >> is that a conspiracy theory? >> exactly what it is. we're at 8.1. >> is this obama metrics? a special gauge for the metrics? >> phil, you're talking hundreds of thousands of jobs where you finally get down to this net number and then you got all these other assumptions that go into the participation rate. and there must be 100 assumptionses th s thathat go i. >> you're sitting with a 30 year low. you could easily throw another couple hundred thousand discouraged workers in there and bring the number under eight. the metrics that we look at, in the post war era, no president's ever won re-election with it under 7.3. so there's no way we're getting down to 7.3 in the next month. >> it's following what we now call the great recession, whether that's accurate or not, and that makes it different this time because it's a lot of pe
that may carry us through the election time, but let me tell you something, with volatility the way it is and the vix being where it is, traders and investors are able to stay in this market, stay long in this market, but still buy cheap protection. so instead we really see a breakout of sorts in the fear index, in the volatility, i really think that the trend is still to the up side. >> so you think the trend is to the up side even though in the fourth quarter we have the election, the fiscal cliff, europe popping up again and all these concerns about china, you put them all on the side burner? >> until something absolutely comes to the forefront, kryes. in f. we g if we get through the election and the fiscal cliff is still on the docket and in peril, that's a different story. but until -- it's almost like the little boy that cried wolf. until something actually happens, these guys down here and really anybody in the marketplace can buy such cheap protection. there's no reason really not to stay in the market. maybe in some of the more defensive plays, but no reason not to stay on
know all the different ways to win the election, the nasdaq might work for me for 30%. if that doesn't work, i'll back to the october lows. within way or another. it's hard enough to say if the market is going to be up or down at the beginning of the year. so to say 30 and if we get 20, i'm right. >> take a look at europe. you'll see they are looking at some positive movement even though there's a lot of concern about what's happening on the global economy and what's happening with europe in particular. germany today is up by better than 1%. 83 points for the dax. up 1.3% for france. and ftse up by close to 1%, as well. in asia, many of the markets there closed. in shanghai, something called national day, but they're closed for a week for national day, so they won't be open until october 8. in hong kong, markets -- >> they close for a week? >> for national day it's called. >> but it's not national week. >> national day. i didn't get that myself. >> shanghai? >> that's in shanghai. >> i'd close that market for it a week just on -- >> concerns? >> for what it's been doing, exactly. giv
months he's been running on this tax plan. and now five weeks before the election he's saying that his big bold idea is never mind. and the fact is that if you are lowering the rates the way you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the definite it or burdeneni ing the middle class. it's hamath. >> another hot topic, the deficit. >> it's now four years later, we still have trillion dollar defici deficits. >> $2.50 for every cut, we ask for a dollar of additional revenue paid for as i indicated earlier by asking those of us who have done very well in this country to contribute a little bit more to reduce the deficit. >> there were also some notable exchanges about jobs, health care, energy industry subsidies and regulation, all of these things got deeper than some people had been expecting. we'll talk about those topics with john harwood. but if you were watching, as they headed in a 70% -- >> down from 80 the day before. >> right now it's down to about 66% in trade obv
'll get the government september jobs report. could be a game changer for the election. we'll get a hint of what may be to come. the employment report coming at 8:15 eastern time. poll forecasters say the economy likely added 155,000 private payroll jobs this month. we'll bring you the number and get you instant reaction from joel prakken. in corporate news, richard schultz is pressing forward with a possible $11 billion buyout of the retailer. schultz and at least four private equity firms have reportedly started examining the books of the economy. at the same time, he is said to be negotiating individually with the pe firms on the details of how his roughly 20% stake in the company would contribute and what role he might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the decision of the oracle board of directors. i believe we'll gradually increase t
on what they want to do? and there's an election coming up. >> do we ever -- especially they start out lawyers. so you're suspect immediately. filing a civil fraud lawsuit. i thought we did this. >> they lost. prosecution lost that one. >> against jpmorgan over mortgage backed securities packed and sold by bear stearns. the action first to come out of a work group created by president obama to go after wrongdoing. jpmorgan bought bear stearns for $10 a share in march of '08 and we kind of thought they were doing the rest of us a favor. now they're like, thank you, sir, may i have another. the bank says it will contest the allegation. similar cases against other banks are likely to follow. scott cohn has been reading through the complaint as he always does. he'll have more at the top of the hour. and samsung will be allowed to sell its gallaxy it tablet in te united states. a court is removing a temporary sales ban on the twice. and samsung has filed a motion against apple saying that iphone 5 infringed on some of its patents. >> tit for tat. >> exactly. and boeing -- some words are for
Search Results 0 to 5 of about 6